ETF invests in diamond and gemstone companies

Near the end of 2012 PureFunds launched GEMS (ISE Diamond/Gemstone ETF, Expense Ratio 0.69%) which is the first entrant in the ETP space that offers exposure to “invest in the full life cycle of the gemstone industry” according to fund marketing literature.
Thus, the fund invests in companies that are involved in the life cycle of diamonds and gemstones from the initial mining to retail distribution for example, and it is important to note that this is an “equity” way to play this market (sub-category of the greater Commodity Producers space) and not a way to invest in physical diamonds………………………………………..Full Article: Source